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# Solutions for Chapter 1.4: APPLICATIONS OF FUNCTIONS TO ECONOMICS

## Full solutions for Applied Calculus | 5th Edition

ISBN: 9781118174920

Solutions for Chapter 1.4: APPLICATIONS OF FUNCTIONS TO ECONOMICS

Solutions for Chapter 1.4
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##### ISBN: 9781118174920

Applied Calculus was written by Patricia and is associated to the ISBN: 9781118174920. Since 44 problems in chapter 1.4: APPLICATIONS OF FUNCTIONS TO ECONOMICS have been answered, more than 6907 students have viewed full step-by-step solutions from this chapter. This expansive textbook survival guide covers the following chapters and their solutions. This textbook survival guide was created for the textbook: Applied Calculus, edition: 5. Chapter 1.4: APPLICATIONS OF FUNCTIONS TO ECONOMICS includes 44 full step-by-step solutions.

Key Calculus Terms and definitions covered in this textbook
• Chord of a conic

A line segment with endpoints on the conic

• Common ratio

See Geometric sequence.

• Direct variation

See Power function.

• Explicitly defined sequence

A sequence in which the kth term is given as a function of k.

• Graph of a relation

The set of all points in the coordinate plane corresponding to the ordered pairs of the relation.

• Lower bound for real zeros

A number c is a lower bound for the set of real zeros of ƒ if ƒ(x) Z 0 whenever x < c

• Major axis

The line segment through the foci of an ellipse with endpoints on the ellipse

• Matrix, m x n

A rectangular array of m rows and n columns of real numbers

• Multiplicative identity for matrices

See Identity matrix

• Negative linear correlation

See Linear correlation.

• Normal distribution

A distribution of data shaped like the normal curve.

• Ordered set

A set is ordered if it is possible to compare any two elements and say that one element is “less than” or “greater than” the other.

• Pie chart

See Circle graph.

• Polar coordinate system

A coordinate system whose ordered pair is based on the directed distance from a central point (the pole) and the angle measured from a ray from the pole (the polar axis)

• Positive numbers

Real numbers shown to the right of the origin on a number line.

An angle in standard position whose terminal side lies on an axis.

• Real number

Any number that can be written as a decimal.

• Scientific notation

A positive number written as c x 10m, where 1 ? c < 10 and m is an integer.

• Vertical translation

A shift of a graph up or down.

• Weighted mean

A mean calculated in such a way that some elements of the data set have higher weights (that is, are counted more strongly in determining the mean) than others.

#### Textbook Survival Guides

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